Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

Sometimes a Chapter 11 filing allows a company to pause its debts, stop collection efforts, and buy time to negotiate with ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

Vendors, landlords, and other creditors often feel a sense of security when doing business with Chapter 11 debtors. The Bankruptcy Code, and even court orders entered at the outset of a bankruptcy ...

Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon as Sunday, according to people familiar with the matter.

Pat McGrath Labs, the beauty brand founded by Dame Pat McGrath, has filed for Chapter 11 bankruptcy protection to restructure ...

Trucking industry experts believe the Great Freight Recession, which began in 2022 and continued through 2024, will begin to subside in 2025. After two years of declines, truck volumes are expected to ...

Red Lobster 's shrimp promotion proved a disastrous marketing move. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Struggling seafood restaurant chain Red Lobster has exited ...